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Archive for World Bank
The Moscow Times writes that a “tsunami” of projects and funding in renewable energy technology is about to unleash in Russia. The World Bank will start a multimillion-dollar “greenfield program” of consulting and investment with some USD165 million. The IFC has set aside another USD150 million for direct investment, and another USD5 million could be [...]
South Asia’s Power Sector Relatively Unaffected by Global Financial Crisis, Says New Report
09 Nov 2010
by ESMAP - Category: Contributed News
The 2008 Global Financial Crisis had little impact on the flow of funds to South Asia’s power sector. All told, the sector still needs up to $150 billion in additional investments to meet its growing electricity demand by 2015 says a new report. The Impact of the Global Financial Crisis on Investments in the Electric [...]
ESMAP Develops Climate Adaptation Planning Tool for Energy Sector
08 Oct 2010
by ESMAP - Category: Contributed News
Many countries are vulnerable to weather events, be it extreme events or variations in average temperatures, precipitation levels or other parameters. The vulnerability is driven in part by exposure to these changes but also by countries’ sensitivity to events being exacerbated by past practices, socio-economic or legacy issues. The degree to which vulnerability to weather [...]
In late August, the Energy Sector Management Assistance Program-ESMAP launched its new website, which provides access to information on ESMAP’s programs, activities, knowledge products and achievements. The Energy Sector Management Assistance Program is a global, multidonor technical assistance program aimed at promoting environmentally sustainable energy solutions for poverty reduction and economic growth. Their new Web [...]
Developing economies and expanding urban populations in East Asia have seen energy consumption trebled and it will likely continue to rise – the World Bank suggests that renewable energy could in fact contribute a large chunk of the load! But China, Indonesia, Malaysia, Philippines, Thailand, and Vietnam must act now and focus on the transformation, [...]
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